FCO article

FCO Integrations Drive Better Collection Results

FCO is always looking for ways to save our clients time and money, while improving their overall processes and maximizing their collection results. FCO has been a leader in the development of software integrations with the top property management software providers in the multifamily industry. Our supported integrations are developed to provide client ease-of-use through simple document transfer and the enforcement of placement criteria. FCO integrations also promote compliance and accuracy of ledger detail and the completeness of supporting documentation. By increasing the transfer accuracy of itemized data, well-run firms can reduce consumer disputes, litigation, and liability exposure.

Example: A 10,000-unit portfolio using RealPage OneSite deployed FCO’s collections integration, yielding an additional $550K worth of bad debt placed - - receivables that had not been placed manually by field staff. The average age of placements also improved by 35% - an added benefit since fresher debt drives improved liquidation. Finally, the automated process also resulted in a significant reduction in leasing staff work hours needed to place accounts. Result of deploying FCO in OneSite? Anticipated added recovery of $62K per year in improved NOI, creating added portfolio value of (@ 5% cap rate) $1.2M.

Want to discuss improving your firm’s rental collections process through FCO’s property management software integrations?
Contact Elaine Owens at sales@fco.com or (301)260-5395

FCO are proud and contributing members of the following associations:

FCO are proud and contributing members of the following educational associations: